Amer sales up in fourth quarter and full year

HELSINKI (BRAIN) — Mavic’s owner, Amer Sports Corporation, is reporting net sales of 783.7 milion euros ($870 million) in the fourth quarter of 2015, up 6 percent in local currencies from its sales in the same period in 2014. Gross margins were up a bit, to 43.8 percent from 43.0 percent in the prior year.

In its initial financial statements bulletin, the company did not break out specific sales numbers for Mavic, but in an …read more